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into recession. >> kristen welker in hawaii, thank you for that. >>> joining me for more on the fiscal cliff negotiations is john yarmouth. welcome, thank you. glad to have you back on the show. >> thank you. >> president obama still thinks a deal can be reached, but speaker boehner had a pretty tough defeat when republicans balked at the plan to raise rates of those making over $1 million. where do you put the chances of a deal being reached before january? >> i don't think they are very high. the more likely scenario, rates will go up automatically on january 1st, and we discussed earlier on the program, that we'll meet early next year and cut taxes of 98% of american people, slightly more than that. but there is an outside chance, and one scenario in which the president and speaker boehner negotiate a deal, and it's a deal that most democrats can accept, instead of a majority of the republicans in the house, 40 or 50 of them vote with democrats to avert the fiscal cliff on the tax side, but that jeopardizes speaker boehner's job. he would be driving the bus over his most conservative memb
goal. that can get down in 10 days. >> president obama there on the upcoming fiscal cliff. joining me now to discuss the standoff is the bbc's ben wright. thank you very much. was there anything in the president's speech that would give us any cause for optimism that is the cliff can beat averted? >> i thought his tone was interesting. he was optimistic an exasperated at the same time. he reminded people in congress they only have 10 days left to find a deal before there's this huge hike in taxes and cuts in spending. he said a deal of some sort is an achievable goal. he reminded people in congress that nobody can get 100% of what they want. democrats are trying to protect spending. republicans are fighting any tax increases at all, but he had a warning, too, and said it is not the time for more self-inflicted wounds. he knows the consequences of america going off the cliff. >> presumably, it is also not the time for more political posturing. we've had months now of this political theater. and the markets are reacting. they have closed down. surely the financial crisis is now upon us.
)'s took a hit today thanks to the fiscal cliff drama the markets tanked after house republicans cancelled the vote. congress the final friday before christmas go without a deal. the dow dropped 120 points. the nasdaq lost 29. the s&p lost 14. adam shapiro of the fox business network. for weeks it's been reported that investors had already figured into the numbers if you will the fiscal cliff. why are we here? >> you mean at the point that we're down on the dow and down today? >> harris: yeah. >> first of all it could have been worse. when you saw the future last night what he would realized there was not going to be a deal in the house investors said it's not going to be good. they pulled back. there is still 10 days. some investors believe that will happen. priced. in big money investors already pulling out of the market. they were selling some of their stocks in anticipation what will be a tax hit for them no matter what. they were getting ready for. this you still have optimism among some investors that there could be a deal. monday is going to be a low volume day. it's a half day of t
builders. >> thank you, governor quinn. i've given you my take on infrastructure and the fiscal cliff. why are you listening to me? milleninials are the future and have remarkable answers to change the way you think about work and life. i'll tell you about it on the other side. you're watching "your money." welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. manual for the new american economy, pay attention to the kids. i recently moderated a panel discussion on millennials, those born after 1981, and i discovered that those of
with its biggest test yet. >> thanks so much, pete. >>> more now on the gun debate in and the fiscal cliff. joining me is congresswoman diana of colorado. welcome to you, glad to have you join us. >> good morning, alex. >> the nra says the answer to gun attacks is putting police with guns in the schools. you are from colorado and you knee did not work in the columbine attack because there were armed guards will, right? >> right. alex, columbine is in my congressional district and i was in congress when columbine happened. they had would armed guards there. many of the schools already have armed guards. you know, just saying we need to make bigger fortresses of our elementary schools is really an unbelievable and shocking answer to the issue of these assault weapons and these -- the assault magazines. i mean, it is -- it boggles the mind. a lot of us who are gun control advocates had hoped that the nra by taking a few days to think about it would really think it through and let's come to the table. let's really talk about what gun ownership means. and let's talk about the fact that the only
in taking care of the fiscal cliff is an indicator i can say no. >> thanks to all of you. >> thanks for having us. >> join us tomorrow from 3 p.m. to 5 p.m. eastern. and we will be joined by tennessee republican congresswoman blackburn and congressman cohen. and be sure to catch "meet the press." check the local listings for that time. until then, have a very great saturday afternoon.
. emily, thank you. besides the fiscal cliff, washington is a buzz. we talk about gun control. there's one big roadblock to getting a new law, national rifle association. the nra has one of the most powerful lobbies in washington and yesterday they set a defiant tone. >> the only way to stop a monster from killing our kids is to be personally involved and invest in a plan of absolute protection. the only thing that stops a bad guy with a gun is a good guy with a gun. would you rather have your 911 call bring a good guy with a gun from a mile away or from a minute away? >> the nra has a plan and that plan is to put armed guards in every school and they've called on congress to make it happen. they've even started their own initiative to promote it. cnn national correspondent susan candiotti joins us from new york. not quite what some people had hoped to hear from nra. we were all awaiting this big statement and that's what we got. >> good morning, randi. a lot of people had hoped in the wake of the tragedy at sandy hook elementary school, the nra would offer some concessions and possibly de
-called fiscal cliff on friday here in washington. first, speaker boehner's morning news conference, followed by house minority leader's nancy pelosi i. then president obama friday afternoon from the white house. issue is not whether health care will be stigmatized or condemned. we know the answer to that. the issue is how many different times can the government to punish him as a result of that moral condemnation. the answer in the double jeopardy clause is one. >> starting monday and a threat christmas week, c-span.org radio is featuring supreme court arguments by current justices before they were on the bench. you can listen to c-span.org radio in the washington baltimore area at 90.1 fm. or online at c-span.org. >> if you worked for him, you would get a material, sometimes generous, sometimes over barry -- overbearing, almost cruel boss. he did not know how to apologize. men of his age and class, they are not going to apologize to their secretaries or typist. he had a way of turning the tables in his version of an apology, which would be to say, i am actually a very kind man, and you are
secretary of state. >> thank you. we appreciate temperature >> we talked a lot about the fiscal cliff. the government spends more than 11 billion every day . you will be shock to see what they spend most of that on. it is a new series called the cost of spending next this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white ristmas [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflamm
withholding up an agreement on the fiscal cliff. back to you in new york. thank you, peter. and if congress can't make that deal, taxes for every single american all of you watching this morning will go go up on january 1st. here to tell us how much they will go up economic editorial writer for the "wall street journal" author of who is the fairest of them all. the truth about opportunity, taxes and wealth in america. stephen moore. stephan, you are the bearer of bad news this morning. how much are our taxes going to get hit in just two weeks? >> well, good morning, guys. merry christmas. you though, this is an unbelievable situation because it's been, what, five or six weeks since the election. abc it's amazing that they are still as far apart today from getting a deal as they were when we first started talking about this. if we do go over the cliff. by the way i agree with peter. i still there is a slim chance at getting something done next week before new year's eve. but if we don't get that deal, we're talking about a very major tax increase. not just on people like warren buffet and bi
a deal with the democrats, but he has a plan b fiscal cliff proposal and let's bring in jonathan allen and third way resident fellow bill schneider. i want to start with you. you wrote an article titled revenge of the purged, and you basically were saying in your article, jonathan, that the three amigos that spooker boehner stripped out of their positions and we see them on the screen, what beef did they have? was it simply because they were stripped of their titles? >> look, i think there's a fundamental divide between them and not only speaker boehner with a lot of the republican conference. these guys lost their assignments voting against republicans a lot, but also members of the republican steering committee that led the committee led by speaker boehner have basically said that these guys have gone to another level of trying to hurt the team over the last couple of years and that's why they lost their community assignments and there were profane words used to the way they comport themselves and as a result these guys were free of any tether to the leadership and so not only were t
. >>> the january 1 deadline to reach a deal on the fiscal cliff is closing in. the president and congress remain just as divided. here i am. and now they're geographically divided, too. cnn's emily schmidt is in the nation's capital this morning. so president obama's in hawaii. house speaker john boehner and other lawmakers have gone home for the holidays. what does all this mean for the chance of getting a deal done before the deadline? >> reporter: no doubt that president obama went to a warmer climate with the weather and probably a warmer climate politically. if there's any negotiating that will be done now, it will have to be done long distance for the next few days. we know that speaker boehner and president obama spoke in washington yesterday before they left. but when you hear their final words to reporters, it shows there is a continued public divide. >> the president and senate democrats have vowed to reject and veto all of our proposals while failing to offer responsible solutions of their own. but the president has -- what the president has offered so far simply won't do anything to
. the plan b to avoid a fiscal crisis an abandoned. is there a plan c or are we headed off the cliff? our panel weighs in when we come back. juice or fancy wate. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. that's the cold truth! [ breathes deeply ] awesome. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through de
to the fiscal cliff. the combination of tax hikes and across the board spending cuts that no one wants to have happen. the president seems to be sticking with his plan and congress seems to be in disarray. time is running out. the time is january 1st just ten days away. nancy cordes has the latest on the negotiations. >> reporter: shortly before he left for hawaii president obama urged congressional leaders to address a smaller plan to avert the fiscal cliff because his talk with speaker boehner on a smaller deal have stalled. >> i met them halfway on taxes, and i met them more than halfway on spending. >> reporter: that was not speaker boehner's take earlier in the day. >> what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy. >> reporter: but boehner's position was weakened after he tried but failed to pass his own plan in the house. >> as you know the house did not take up the tax bill last night because we didn't have the votes to pass it. it's not the
for the president to come out and talk about the fiscal cliff. peter barnes assured us he did not sneak out of the white house to go to hawaii. everyone else is on vacation but the president is still there working we hear. we're waiting for him to speak. keep it ri melissa: all right. you guessed it. we're still standing by waiting for president to think, i think he is in the west wing watching this and laughing as we all wait for him to come out. either way while wewait let's take a little turn here. reminisce with me for a second. remember back in the day before the automatic car window, use arm muscle to actual rol them down yourself. well, there is even more change coming. one of the coolest soon to be standards, is wireless phone charging for your car. toyota is rolling out the first-ever wireless phone charger in the 2013 avalon limited edition model. here with all the details of this break through, car coach, lauren fix. lauren, thanks so much for coming on. we're trying to cheer people up here as we're waiting to hear the bad news that everyone is going away for christmas eak and no
of the year. >> jamie: thanks for the roundup. >> kelly: how will the looming fiscal cliff crisis affect you? well, if congress fails to reach a deal the beginning of the new year, those making between 40,000 and $50,000 a year will see an average tax increase of more than $1700. those making between 100,000 and $200,000 a year will see an average increase go even steeper of more than $6500 and the average tax increase of those with an annual income of more than 1 million dollars would jump to more than $250,0 $250,000. >> jamie: just the increase? wow. well, new report says that we could be in store for a really nasty flu season. it's already happening in many states, but a recently approved medication, is it safe for everyone? dr. david somati weighs in on that. >> kelly: a horror for a mother after a shopping cart carrying her infant son rolls into traffic. how it ended next. >> and giving back through the gift of music. ♪ >> coming up, some of nashville's biggest stars are helping those most in need this holiday season. questions? anyone have occasional constipation, diarrhea, gas, bl
with no deal. and that's before we talk about the rest of the fiscal cliff implications. >> that's why we're paying such close attention to it. thank you very much for the update this morning. >>> it took a week, but the nra finally responded to the massacre in newtown, connecticut. they promised a, quote, meaningful contribution to stop similar attacks. protesters interrupted the statement twice. what's the plan for the nra? armed guards in schools. why? listen. >> politicians pass laws for gun-free school zones. they issue press releases bragging about them. they post signs advertising them. and in doing so, they tell every insane killer in america that schools are the safest place to inflict maximum mayhem with minimum risk. >> now, i want to show you some of the reactions to the nra's message. michael bloomberg has been critical of the president and congress for not tackling this subject earlier. so what did he say about the nra's plea? quote, a shameful evasion of the crisis facing our country. >>> connecticut congressman chris murphy represents newtown. and here's his tweet after th
-called fiscal cliff with stephen dinan and then we get more comments. first president obama nominating senator john kerry of massachusetts to be the next secretary of state of the united states. and in his announcement the president spoke about john kerry's background in foreign affairs and what makes senator kerry a good nominee to be the next secretary of state. >> john's entire life has prepared him for this role. the son of a foreign service officer. he has a deep respect for the men and women of the state department. the role they play in advancing our interests and values and the risks they take and make in sacrificing their families. and especially our military power. and he knows from personal experience that when we send our troops into harm's way, we must give them a strategy, a clear mission and the resources they need to get the job done. in an extraordinarily distinguished senate career and as chairman of the foreign relations committee, john has played a major role in every foreign policy debate in years. he understands we have to harness all elements of american power and ensure
. >> thank you very much. >>> good evening, i'm in for chris matthews. leading off tonight, fiscal cliff hanger. president obama calls on congress to act after christmas on a scaled down deal that would spare the middle class from tax hikes on the first of the year. >> we've heard plenty of people calling for new gun control laws, but very little from the national rifle association until now. in a bizarre news conference that was interrupted twice by protesters, the head of the nra. it's the same line we've heard before from the nra, but has the country's relationship with guns fundamentally changed since newtown? and what we saw last night from house republicans is yet another symptom of the real problem for the gop. they don't believe in compromise. and they've lurched too far to the right. we begin with where things stand on the fiscal cliff, msnbc political analyst and msnbc contributor jared bernstein. jentle men, president obama tonight said he had spoken with speaker boehner in addition to senate majority leader harry reed. >> i just spoke to speaker boehner and i also met with se
'll be watching that. >> alexandra, thank you very much. >>> if the u.s. goes over the fiscal cliff, how are america's business leaders going to react? and if they could force the politicians into a deal, what would it include? >>> and later, some legal advice on how previous supreme court decisions might impact new gun laws now under consideration. [ nyquil bottle ] hey tylenol, you know we're kinda like twins. [ tylenol bottle ] we are? yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> one thing business owners hate more than just about anything is uncertainty. and if politicians in washington have done anything, it's create the ultimate climate of uncertainty regarding the fiscal cliff. todd mccracken is president of the national small business association. he joins me from washington, d.c. todd, if no deal is reached by the end of the year, a lot of people predict spending will slow down. how will business owners r
the resolving the challenge of the fiscal cliff cannot and will not be done with a partisan vote. it showed us that we must work together in a bipartisan way, he and that we must preclude going over the fiscal cliff, by a balanced agreement that democrats and republicans him support, the president can sign, and that can pass the senate. we should not seek taxes go up on working-class americans. we should not see doctors put a risk in terms of their delivery of services to seniors. we should not see the alternative minimum tax and put at risk. we need to lend confidence to our country. some years ago, he confronted partisan gridlock. newt gingrich and bill clinton got together to reach an agreement it was very controversial. newt gingrich said -- this is october 20, 1998. "i will say to each and every member of this house, unless they have a plan they think can get 218 votes over here, can pass through a filibuster in the senate, and get signed, there is no responsible vote except yes." america expects its congress to get to yes. we are prepared to work with the speaker and with the republican
for the white house and congress to reach an agreement on the fiscal cliff where millions of americans will be paying the price in their paychecks. but congress is now on holiday recess. and president obama is in hawaii. let's go straight to cnn's emily schmidt in washington. good morning. so before he left the capitoal, he laid out this three-point plan to washington. >> before he left to hawaii, he left for a gift for lawmakers to ponder in washington. here are the three main points he's saying. he wants to make sure there's a law passed that ensures 98% of americans know their taxes are not going to go up in just under two weeks. he also wants to make sure that 2 million americans who would otherwise lose their unemployment benefits if we went over the fiscal cliff would be able to keep those benefits. and finally he says, look, we can take a look at the longer term proposals, the larger reform at a later point. just lay the ground work at this point. we also know before the president left, he talked by phone with house speaker john boehner. he met in person with harry reid, althoug
to talk to us dan greenhaus, you are, if i understand it, a fiscal cliff stock bear. >> yes. give or take, yes. >> and why? >> well, i think it's pretty clear you're talking about -- well, our best case scenario has been we're going off the cliff. we said that the day after the election, we standby it today. if you do that, you're talking about the largest tax increase in our country's history, a considerable amount of spending cuts, and in the short-term, probably hit the stock prices on the order of 10%. >> if i give you a cliff deal. okay. i'm going to give you a cliff deal for middle class extensions, 250,000, you're right the top rates will go up. but if you get that deal in january, that does save us from the recession scenario, the really deep gloom scenario. >> this is the big debate. our view has been if you get a deal fairly quickly in the new year, it's hardly the end of the world. the question really or the debate really accelerates if you start getting closer to january 15th or ultimately the inauguration. do you do more serious damage to the economy that makes it more diffic
, global economic collapse. and aside from the fiscal cliff, the battle in washington could hit you, the price of milk, higher. we'll explain.
but we're just ten days to the fiscal cliff. could these two men end up being the grinches that steal christmas? we'll talk live to republican congressmen about what's stopping the president and the house speaker from reaching a deal. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> we're just ten days away from the country going over the so-called fiscal cliff, automatic tax increases on nearly every american and huge spending cuts to defense and social programs are set to take effect the 1st of january unless the president and congress reach a new budget deal. but most lawmakers have deserted the capital to be home for christmas leaving america teetering on the brink. one of those enjoying christmas back if california is republican congressman tom mcclintock joining us from sacramento, california. you are a tea partier. you're part of the tea party caucus but you supported house
is known for her creative holiday cards. this year's theme is a riff on the fiscal cliff. >>> a million moms plan to march on washington in support of gun control. a survival of gun violence herself and that's coming up and what does that mean when even grover norquist cannot get the gop to march in lockstep. does this mean the republican party is in disarray? our war room has more on that. ♪ ♪ ♪ clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> hi richard
... ♪ lou: i want to turn to the fiscal cliff with our panel but first, very quickly, touch on the nra which proposed armed guards, armed policemen, at public schools to provide safety. i thought it was a straightforward, common sense idea. don't you agree with it? >> i do not, lou. i do not. did not help people at columbine. people serving as guards at school not qualified to carry weapons. the expense of it. weave 100,000 schools, say, add up $50,000 per guard. we'll get a billion dollar price tag. when we're cutting back on everything, i don't think this will protect our children. >> i think nra shou have said, we should allow one person at the school to have a concealed carry permit, if they choose and if they choose to carry a gun, allow them to do that. right now the gun-free zones a ludicrous. lou, every mass murder in the united states since 1950, with one exception has taken place in a gun-free zone. that didn't work. lou: steven, your thoughts. we'll turn to one of your favorite topics. >> you know what is interesting is john fund had a very good piece putting in contest the recent
. boehner's plan b gimmick failed big time last night at this point a fiscal cliff deal with boehner's members would probably require divine intervention. >> how we get there, god only knows. but all i've done is -- eric and i and our team here are committed to working with our colleagues on both sides of the aisle, both sides of the capitol and the white house to address it. >> after a day with dealing with humiliation, boehner hit the gavel and sent his members home for the holidays. there will be no deal this weekend. then boehner took the walk of shame out of the capitol. it's unclear whether he will be the speaker in the new year. it was the same sad walk many house members took last night when they couldn't get their own folks to vote on boehner's plan b. republican leaders can't strike a deal with their own members. how will they strike one with the president of the united states? boehner was scrambling for excuses today. >> you know, one of my colleagues the other night had an analogy of 100 people drowning in a pool and that he was a lifeguard. and because he couldn't save a
Search Results 0 to 30 of about 31 (some duplicates have been removed)